state gov Kerala PSC Degree (Common Preliminary Examination) Mock Test Series 2025 General Knowledge Economy
Consider the following statements:
Statement I: The World Trade Uncertainty Index (WTUI) and Geopolitical Risk Index (GPR) both increased in 2024, reflecting rising global economic and political instability.
Statement II: The increase in WTUI and GPR was driven by ongoing geopolitical conflicts, trade policy risks, and monetary policy uncertainties, challenging global economic stability.
Which one of the following is correct in respect of the above statements?
1
Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
2
Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
3
Statement I is correct, but Statement II is incorrect.
4
Statement I is incorrect, but Statement II is correct.